{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-194062","form_type":"8-K","ticker":"SAIA","cik":"0001177702","company_name":"SAIA INC","filed_at":"2026-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.037389+00:00","generated_at":"2026-05-15T00:33:40.523927+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Saia Q1 EPS flat at $1.86; revenue up 2.4% to $806.2M; op ratio worsens","bullets":["Revenue $806.2M (+2.4%); operating income $66.8M (-4.8%); operating ratio 91.7% vs 91.1%.","LTL shipments per workday +1.0%, tonnage -2.1%; rev/cwt ex-fuel +1.9%, rev/shipment ex-fuel -1.2%.","Cash $39.2M, total debt $112.8M; net capex $63.7M in Q1 vs $202.1M year ago.","Capital expenditure guidance maintained at $350M-$400M for full year 2026.","Claims ratio improved to 0.5%; shipments grew in both legacy and ramping terminals."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-194062","json":"https://secwatch.observer/filing/0001193125-26-194062.json","markdown":"https://secwatch.observer/filing/0001193125-26-194062.md","text":"https://secwatch.observer/filing/0001193125-26-194062.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1177702/000119312526194062/0001193125-26-194062-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1177702/000119312526194062/saia-20260430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T00:33:40.523927+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d334f68caf0205d238fd6fe46d2fecf6b6b4ade8","claim":"SAIA INC reported first quarter 2026 results: revenue $806.2 million, EPS $1.86.","evidence_excerpt":"Saia, Inc. (Nasdaq: SAIA) today reported first quarter 2026 financial results. For both the first quarter of 2026 and 2025 diluted earnings per share were $1.86. Highlights from the first quarter operating results were as follows: First Quarter 2026 Compared to First Quarter 2025 Results • Revenue was $806.2 million, a 2.4% increase • Operating income was $66.8 million, a 4.8% decrease","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1177702/000119312526194062/0001193125-26-194062-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2026"},{"label":"Revenue","value":"$806.2 million"},{"label":"EPS","value":"$1.86"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}